Can I read Understanding the Leverage Cycle on EtoBox?

Understanding the Leverage Cycle by Himanshu Jhamb is a document available to read on EtoBox.

What is Understanding the Leverage Cycle about?

1) Leverage, not just interest rates, fluctuates over time and impacts asset prices and the economy. Variations in leverage cause booms and busts in a "leverage cycle." 2) Leverage increased dramatically from 1999-2006, fueling a rise in housing and asset prices, but has since been drastically curtailed, exacerbating the economic crisis. 3) To regulate this damaging cycle, the Fed should manage economy-wide leverage over time rather than just focusing on interest rates, restricting leverage during booms

Author

Himanshu Jhamb

Language

EN